Inflation isn’t some random phenomenon that just happens to a country. Political choices have made life so much more expensive for British families, and political choices can make life so much more affordable for British families.
When the state grows too large, it spends beyond its means. That spending has to be funded. Through higher taxes, more borrowing, or printing money. Those are their options.
All three drive inflation. All three make your food shop more expensive, your pint more expensive, your tank of fuel more expensive.
High taxes make it more expensive to produce, hire, and invest - so businesses pass those costs on. Prices rise. Inflation soars. It’s a vicious cycle.
And so many of those taxes are done through stealth.
We all pay SO much tax but we have no idea because it’s hidden from us. That money is stolen from the people, and they don’t even know it.
Frozen thresholds. Stealth taxes. State theft. I detest it.
Of course, excessive and reckless state spending pumps more money into the system, so prices rise - the cycle continues.
And when governments print money and inject it into the economy, what happens to the value of the existing money? What happens to your savings? Your wages? It all becomes worth less and less.
This is not complicated - a bloated state makes a country more expensive. It makes Britain more expensive. It makes your life more expensive.
So the reverse is also true.
Cut the size of the state, and you reduce wasteful spending.
Cut taxes, and you lower the cost of production.
Restore proper discipline, and you stabilise the value of money.
A Restore Britain Government would not manage inflation, we would tackle the root causes of it.
We would not engage in unnecessary foreign wars that hike the price of oil, punishing British families at the pump and everywhere else. When fuel gets more expensive, everything follows.
Britain needs cheap fuel, cheap energy. That means drilling, drilling and drilling some more. Domestic energy production is vital. Cheap energy makes everything more affordable.
Everything.
The drive for Net Zero must end - Restore Britain will halt that mad march to further bankruptcy .
A country that lives within its means is a country people can actually afford to live in.
And yes, that will mean many cuts, and many difficult decisions.
But the hour is late, and nothing else will suffice.
Any political party saying otherwise is lying to you. There are no easy fixes. That time is over.
Restore Britain’s approach will be painful in the short term, but it will bring the cost of living down.
It will make life more affordable for hardworking British families.
Today we celebrate Satoshi Nakamoto.
But let's not forget the cryptographers
and the cypherpunks who took decades
to build the bricks for Bitcoin.
Bookmark this and enjoy a fast, floating
trip about the quest for perfect money.
#BitcoinHistory#cypherpunk
In Iceland, Bitcoin mining facilities are powered by geothermal energy drawn from deep within the Earth, along with hydroelectric power. These mines use surplus renewable electricity, acting as a flexible load that helps balance the national energy grid.
⚠️ I just lost 14 BTC.
Almost $2.2 million.
Not because Bitcoin failed...
Because I did.
But the shocking truth of it?
90% of Bitcoin users HAVE & WILL repeat at least 1 of these 3 mistakes.
Here's how to spot them before they wreck you.
💥 THE EXIT MANUAL - EPISODE #4
We all work. We all sacrifice. We all spend our time and energy creating value. We just want to keep it.
That’s the use case for Bitcoin.
Bitcoin is open source technology built to solve the biggest problem in the world today. The $500 Trillion problem.
After spending 10 years thinking about Money & Bitcoin, here's the simplest explanation I can come up with:
Money is a technology to move Value across Space, Time, and Scale.
Value is the utility humans derive from Goods & Services.
Value is highly subjective, and it changes across Time and Space.
Unbeknownst to them, Economists have defined these functions as:
- Store of Value (Time)
- Medium of Exchange (Space)
- Unit of Account (Scale)
Throughout History, no monetary system has managed to satisfy all 3 functions of Money at once. This is where the idea of Backing Money and the necessity of separating Money and Currency come from.
This trade-off can be described as a Money Trilemma: you can optimize for 2, but not all 3.
Gold is great at Time & Scale, but not Space.
Fiat is great at Space & Scale, but not Time.
Until the invention of Bitcoin.
Bitcoin is the first form of Money that successfully excels at all 3 functions simultaneously.
It achieves that by perfecting all the properties of Money, with no extra space for improvement:
Bitcoin is:
- Infinitely Divisible
- Instantly Portable
- Forever Durable
- Mathematically Finite (what is mistakenly called Scarcity)
- Perfectly Fungible
Bitcoin is the final Evolution of Money.
The World just hasn’t figured it out yet.
The Cost Of Our Inheritance: A Generation's Vision For Ethical Money
One of the most personal and important keynotes I've ever given on broken money, generational injustice, and Bitcoin as our moral imperative.
The future isn't something we wait for, it's something we build ✊
What if I told you we’re living through a depression?
The silent depression. The great debasement.
Dollars create the illusion of prosperity. Fiat lies.
#Bitcoin makes the invisible visible.
Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.
The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it will not cost taxpayers a dime.
It is estimated that the U.S. government owns about 200,000 bitcoin; however, there has never been a complete audit. The E.O. directs a full accounting of the federal government’s digital asset holdings.
The U.S. will not sell any bitcoin deposited into the Reserve. It will be kept as a store of value. The Reserve is like a digital Fort Knox for the cryptocurrency often called “digital gold.”
Premature sales of bitcoin have already cost U.S. taxpayers over $17 billion in lost value. Now the federal government will have a strategy to maximize the value of its holdings.
The Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional bitcoin, provided that those strategies have no incremental costs on American taxpayers.
IN ADDITION, the Executive Order establishes a U.S. Digital Asset Stockpile, consisting of digital assets other than bitcoin forfeited in criminal or civil proceedings.
The government will not acquire additional assets for the Stockpile beyond those obtained through forfeiture proceedings.
The purpose of the Stockpile is responsible stewardship of the government’s digital assets under the Treasury Department.
PROMISES MADE, PROMISES KEPT
President Trump promised to create a Strategic Bitcoin Reserve and Digital Asset Stockpile. Those promises have been kept.
This Executive Order underscores President Trump’s commitment to making the U.S. the “crypto capital of the world.”
I want to thank the President for his leadership and vision in supporting this cutting-edge technology and for his rapid execution in supporting the digital asset industry. His administration is truly moving at “tech speed.”
I also want to thank the President’s Working Group on Digital Asset Markets — especially Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick — for their help and support in getting this done. Finally Bo Hines played a critical role as Executive Director of our Working Group.
Heating 6000sqft of radiant floors with bitcoin is possible! Thanks to @idahoheatair who had an open mind & was willing to innovate by integrating Constellation’s heater into their design. This is a unique and quite sophisticated system, you won’t find anything like this.
✅1500sqft of snow melting slab
✅ 6000sqft of radiant flooring
✅ 2 pools heated by 25kW of Bitcoin mining.
✅fully automated to capture Bitcoin’s heat all year long
💰Customer GETTING PAID all year long to heat is house, because price of power here is lower than 0,13$/kWh.
Here’s a short video explaining how the heater dedicated to indoor radiant floors works.
Roy Larner, the Lion of London Bridge, is the man who, when being attacked by armed Jihadi terrorists fought back with the immortal battle cry, "F8ck you, I'm Millwall."
I wrote the Ballad of Roy Larner about him.
Then he showed up to one of my gigs.
Here's what happened ... @roylarner41